2024 Interest Rate Predictions Australia. On friday, data showed retail sales in july were unchanged, following a 0.5 per cent lift in june. After almost two years of interest rates rising, many mortgage holders hope rates could be cut at some point in 2024.
What’s going to happen to interest rates and when are they going to fall? โ at its meeting today, the board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on exchange settlement balances unchanged at 4.25 per cent.